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740 Lake Wellington Drive, Wellington, FL 33414
Active
14 Days on Market
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$575,000

740 Lake Wellington Drive

Wellington, FL 33414

MONTEREY ON THE LAKE

Explore the area: Wellington homes for sale · Palm Beach County real estate

How this price compares

List price
$575,000
Price per sq ft
$376
Vs. nearby sales
14% below
Days on market
14

This 3-bedroom single-family home in ZIP 33414 is listed at $575,000, or $376 per square foot. It has been on the market for 14 days. The 6 most recent single-family home sales in the closings shown below sold at a median of $437 per square foot, so the asking price is 14% below what comparable homes here actually sold for.

3
Bedrooms
2
Bathrooms
1,528
Living Sq Ft
1993
Year Built

Estimated monthly payment

$3,022 /mo

Principal and interest only, based on $115,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$575,000
Days on Site
14 Days
Bedrooms
3
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,528 sqft
Total Sq Ft
2,112 sqft
Lot Size
0.13 Acres
Year Built
1993
Property Type
Single Family
MLS #
B26094083
Property Tax
$7,439 (2025)
HOA Fees
$500 / Annually
Subdivision
MONTEREY ON THE LAKE
County
Palm Beach
Status
Active
Special Conditions
Standard

About This Property

A private dock and waterviews in the heart of Wellington! A perfect blend of location, layout and opportunity. The primary suite has the added comfort of a walk in closet, whirlpool tub and walk in shower. Backyard has room for a pool and currently has a new, releveled patio and deck ready for your non combustion watercraft. A perfect private retreat for entertaining. Vaulted ceilings, wood and tile floors, open kitchen with island 2 car garage (reinforced) and lots of outdoor space Renovations include a brand new pump on the sprinkler system (2026), water heater (2019) and roof (2022) exterior paint and private drive repainted (2026) Screens replaced on patio (2026). Big tickets items are replaced just leaving you with the ability to customize. Accordion metal shutters on all windows

MLS media link

General Features

Property Type
Single Family
Status
Active
Year Built
1993
Property Condition
Resale
Number of Stories
1
Levels
One
Garage Spaces
2
Attached Garage
Yes
Parking
Attached / Driveway / Garage
Direction Faces
West
Lot Size (Acres)
0.13
Living Sq Ft
1,528
Total Sq Ft
2,112
Structure Type
House
Sewer
Public Sewer
Water Source
Public
Zoning
WELL_PUD (city)

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Electric Water Heater / Microwave / Oven / Refrigerator / Vented Exhaust Fan / Water Heater / Washer
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile / Tile / Wood
Interior Features
Attic / Bedroom On Main Level / Bathtub / Dual Sinks / High Ceilings / Jetted Tub / Kitchen Island / Main Level Primary / Pull Down Attic Stairs / Storage / Soaking Tub / Separate Shower / Stacked Bedrooms / Tub Shower / Vaulted Ceilings / Walk In Closets
Laundry
Laundry Closet / Lower Level
Main Level Bedrooms
3
Main Level Baths
2
Total Rooms
3
Furnished
Unfurnished

Exterior Features

Construction
CBS Concrete Block Structure / Block
Roof
Tile
Exterior Features
Courtyard / Outdoor Living Area / Uncovered Courtyard
Patio & Porch
Patio / Porch / Screened
Lot Features
Fruit Trees / Interior Lot / Many Trees / Sprinklers Automatic / Sprinkler System / Less Than Quarter Acre
Waterfront
Yes
Waterfront Features
Lake Front / Lake Privileges / Navigable Water
View
Lake / Water

Community & HOA

HOA Fee
$500 / Annually
HOA Name
Monterey on the Lake / GRS
HOA Includes
Sewer / Trash
Association Amenities
Maintenance / Sidewalks
Community Features
Home Owners Association / Street Lights
Utilities
Cable Available / Electricity Connected / Sewer Connected / Water Connected
Pets Allowed
No Pet Restrictions / Yes
Financing Terms
Cash / Conventional / FHA / Va Loan
Restrictions
No Lease2nd Year Owned / Ok To Lease / Rental Restriction
MLS Area
5520

Schools

Elementary School
Wellington
Middle School
Wellington Landings
High School
Wellington
Homes for Sale
1
Under Contract
1
Median List Price
$575,000
Median $/Sq Ft
$376
Avg Days on Market
14
View all 1 homes for sale in Monterey on the Lake →
How do I schedule a tour of 740 Lake Wellington Drive, Wellington, FL 33414?
Use the Tour button on this listing to request a showing of 740 Lake Wellington Drive, Wellington, FL 33414. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 740 Lake Wellington Drive, Wellington, FL 33414 still available?
740 Lake Wellington Drive, Wellington, FL 33414 is currently listed as Active, and has been on the market 14 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 740 Lake Wellington Drive, Wellington, FL 33414?
With 20% down ($115,000) on the $575,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 740 Lake Wellington Drive, Wellington, FL 33414 is about $3,022/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 740 Lake Wellington Drive, Wellington, FL 33414?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 740 Lake Wellington Drive, Wellington, FL 33414. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 740 Lake Wellington Drive, Wellington, FL 33414 have an HOA fee?
Yes: 740 Lake Wellington Drive, Wellington, FL 33414 carries an HOA fee of about $500 annually (Monterey on the Lake / GRS). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 740 Lake Wellington Drive, Wellington, FL 33414?
740 Lake Wellington Drive, Wellington, FL 33414 is zoned for Wellington (elementary), Wellington Landings (middle), Wellington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 740 Lake Wellington Drive, Wellington, FL 33414?
Often, yes. The right offer on 740 Lake Wellington Drive, Wellington, FL 33414 depends on how it's priced against comparable single family sales in Wellington, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Balistreri Real Estate Inc

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.

$575,000

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Listed by Lauren Cheek, Balistreri Real Estate Inc

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